Explain at least four of the six types of compensation plans

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Please answer these questions from your own words.

Explain at least four of the six types of compensation plans, giving examples of each. Which type would be most motivating to you? Why?

What is motivation, and why is it important for managers to understand how motivation works? What do managers need to motivate people to do? Discuss some non-monetary ways of motivating people.

Now consider the following concept for motivation. Is this contrary to the text? EXPLAIN. Is this concept applicable in your organization?

Reference no: EM131530526

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